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Auto component sector forecasts moderate growth in FY 2024

Small and medium enterprises (SMEs) in the auto component sector are anticipating a more moderate 8-10% growth in the fiscal year 2024.Read more

Alstom nurtures, grooms women from Coimbatore, to contribute to sustainable rail mobility at global level

Alstom has over 18 per cent women on the shopfloor at its world-class components manufacturing facility in Coimbatore working across various roles such as team leaders, CCN engineer, quality assurance etc.Read more

BHEL, Leonardo S.p.A, among the bidders for Army's Air Defence Gun Contract

Bharat Heavy Electricals Ltd (BHEL) and Italy's Leonardo S.p.A are among the three contenders competing for a Rs 6,500 crore contract to supply air defence guns to the Indian Army. Larsen & Toubro and AWEIL also participate.Read more

Birla Carbon receives ISCC PLUS certification for Italy’s manufacturing plant

Birla Carbon is engaged in providing high-quality carbon black solutions. It manufacturing facility in Italy recently got certified to produce circular materials like ContinuaTM 8000 SCM with ISCC PLUS certification. Read more

Plexconnect 2023 foresees 380 international buyers from over 63 countries

The international plastic event, Plexconnect 2023 is happening from June 15 to 17, 2023 at Bombay Exhibition Centre (NESCO), Mumbai. The event organised by Plastics Exports Promotion Council of India (Plexconcil) anticipates buyers from countries such as 63 countries Kyrgystan, Uzbekistan, Korea, Brazil, Israel, and Indonesia.Read more

Mahindra Research Valley at the forefront of automotive technology

Mahindra Research Valley (MRV), a flagship company of Mahindra Group sealed its leadership with record 210 patents in last 6 quarters. The patents granted is the highest number of patents to any Indian Original Equipment Manufacturer (OEM) during the period. 149 patent applications are just in the Electric Vehicle (EV) space.Read more

Kyndryl to mange Stellantis’ IT Infrastructure Transformation

The IT company, Kyndryl signed an agreement with the automobile manufacturers, Stellantis to manage its IT infrastructure and provide other technical services. Stellantis will use Kyndryl Bridge, an open integration platform for insights of its IT environment.Read more

Indonesian President Joko Widodo to attend Hannover Messe

Indonesia is this year’s partner country at Hannover Messe, GermanyRead more

Electric motor start-up Foxtini bags multimillion Euro deal from Italy’s Arihant

Foxtini is one of the first companies in India to successfully commercialise the innovatory Axial Flux BLDC electric motor, which is believed to be an ideal option for electric vehicle Read more

FPT Industrial opens new ePowertrain plant in Italy

The new production site is the first totally carbon-neutral plant of Iveco Group (which owns FPT Industrial), achieving its targets by offsetting its CO2 emissions with the purchase of energy from renewable sources and carbon credits.Read more

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